Type of Knowledge you need to be successful in doing business.

[Abelcairo43]

For one to be successful in any business, you must know how the business is runned and also the do's and dont's of the business. For a successful business discipline, hardworking and adorable commitment is very required.

 

[Abbas ali]

If you are an employer, leadership will be a key skill. You must be able to motivate and invigorate your staff in order to get the best from them. The success of your firm will depend, to great degree, on the morale and productivity of your workforce, and it is your job to ensure that they are at their best.

 

[Afrinish]

There are the different types of knowledge success of the business.
Business strat the knowledge is very important .
Investment strt selling produced checked the quality of good.
Public deling and customers detail provide of the share more and more than benefit in your product.
And most important thing Product packing attract your customers .

 

[Chris]

For one to be successful in business you'll need communication skill, ability to work under pressure, persistence and lots more, it not easy but they're essential like the OP mentioned business knowledge which is a good start else your business might run bankrupt.

 

[Ojonuyo]

In addition to what I had previously said, the market knowledge is very important in business. You must be familiar with the market world either online or offline. This knowledge will help you find your way to your right customers without stress. And also learn to keep advancing in your business, no matter you knowledge today, it might expire tomorrow.

 

[BrolySSJ]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

These are very important points that you need to have in order to be successful in business however one of the other points that I think it's especially important is your people knowledge. In this case I'm referring to your people skills and how you interact with people as well because this plays a large part in being able to advertise and market the business that you are involved in. If you are able to develop relationships with people very easily and be able to express with them what your products able to do in a healthy way then they are more likely to support your business.

 

[maventiger]

These are very important points that you need to have in order to be successful in business however one of the other points that I think it's especially important is your people knowledge. In this case I'm referring to your people skills and how you interact with people as well because this plays a large part in being able to advertise and market the business that you are involved in. If you are able to develop relationships with people very easily and be able to express with them what your products able to do in a healthy way then they are more likely to support your business.

Well said, that is the best way to get your brands to final consumer and be sure it meets their needs. Most brand that meets consumer needs are tailored in such way that it meets their need because the company understand what the consumer needs and how best to get it to them.

 

[BrolySSJ]

Well said, that is the best way to get your brands to final consumer and be sure it meets their needs. Most brand that meets consumer needs are tailored in such way that it meets their need because the company understand what the consumer needs and how best to get it to them.

Also, to be able to meet the needs of the customer well and to build that relationship and develop had reputation between yourself (the business) and the customer, you are also created a database of repeat customers that are more likely to come to you in the future as well, and that even are likely to recommend your products or your services to another person that they may know. After all the strongest way that you can spread the word of your business is through word of mouth.

 

[golamike]

For you to be successful in any business, the first knowledge you must have is that of the business you want to go into. It will be stupid of anyone to go into a business you have no idea about. Another knowledge you need is that of how money works. You must know how money grows and how it disappears. You also need proper entreneurship knowledge which includes customer relations and many more.

 

[Zevin]

In order to become successful in business, you need two important things, one skill in the related field, two knowledge in the related field. For example, if plan on starting a software business, you need skills and knowledge of software. In order to be successful in any business, you are also required to have knowledge of various things. For example, when you are doing software business you also need knowledge on marketing and sales

 

[Kane]

No matter what type of business you are involved with, you need skills and knowledge. You may categorise knowledge on different category however what ultimately matters is whether you have grasped the essence or not. In order to become successful you need to acquire knowledge from various sources.

 

[tuna89]

Asides understanding the product and service you wish to offer, the market knowledge is also very important either in starting a business or already in business. the market knowledge will make you understand if the product or services will have a high patronage or otherwise ,the market knowledge will also lead you into writing down your business plan in which you have to outline your resources and budget.

 

[Ayokex]

The ultimate knowledge any man can desire in life is the knowledge of God. When you have the knowledge of God every other knowledge will come to you naturally. God is the giver of knowledge and for you to have those knowledge you need to be acquainted with Him. Jesus said without me you can do nothing. Well, somebody may be saying I'm getting too religious but that's the truth because that where I usually get my inspiration.

 

[Usama Iqbal]

In my point of view the first thing should in our minds that what are the principles that make a business successful . We have certain knowledge about the business that we are going to start. we must know that what are the demanding in the market . To keep it in mind we make our plans. This is basic things that are required to make a business profitable.

 

[Succjay]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

The above stated knowledges are good. There is no point mentioned above that needs to be taken for granted because if you lack any of the knowledges stated above, definitely you are not a business person.

 

[jay]

Money knowledge. What do I mean? I meant the cash at hand you have for that business. Even if you're a novice and you have enough money, the person you're dealing with will gladly teach you the business without spitting over it. Because the more knowledge he transfers to you, the more order you place.

 

[Matty]

There are certain knowledge which are needed for successful business, are:

• Financial management. Being able to effectively manage your finances is critical. ...
• Marketing, sales and customer service. ...
• Communication and negotiation. ...
• Leadership. ...
• Project management and planning. ...
• Delegation and time management. ...
• Problem solving. ...
• Networking. Etc

 

[Lyrrex]

The best type of knowledge I think everybody should have so as to succeed in any business is entrepreneurship knowledge. This knowledge can go a lone way on ho to start and run a business. If you don't have this knowledge, there is no point for you planning to enter into any business at all.

 

[Lagazine]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

The type of knowledge I need for a successful business is the simple method to make things happen. The first business strategy is to make a great publicity for the customers to know about your goods and services.

 

[maventiger]

@Lagazine if you plan towards it you will definitely achieve your desire, business wise or other related things. And for publicity, it is a must for all businesses in recent years.